I will also share my custom indicator that will help you trade this strategy with ease. The trading system I am about to explain to you is about the secret levels that exist on your charts, yet It took me years to find them, since they are kept as a secret by the top players in the Forex market. What I discovered is that these high frequency trades create large pools of money at certain levels on a chart.
But they are invisible to everyone except those big players placing the trades. Meaning that until now the average trader had no way of knowing where these pools of wealth were hidden. Those levels act as magnets. As soon as price gets close they will attract it, giving you the chance to enter the trade and make money. The secret to success is the Secret Profit Levels Indicator , which will reveal those levels to you.
This indicator will show you where to enter the trade and where to exit the trade, which will help you boost your confidence, whether you are an experienced trader or a beginner. And that is because this system is as much about protecting your account as it is about making you profits. You will learn where to place stop losses and take profits, as well as how to manage the trade to maximize your gains.
Short Entry Rules 1. The trend must be headed down. Wait for the price to decline towards a round number. As soon as price breaks below the next round number minus 15 pips, we can open a sell order. In our example, as price breaks below the 1. We can also set a pending sell order instead of waiting for the price to reach that level.
Set the stop loss 15 pips from the entry point. We also have 3 options for setting the take profit — Conservative, Aggressive and Managed. In our example, our first target is the 1. In our example, it will be at the 1. Next, I will show you a short trade example. This was a signal to prepare for the upcoming short opportunity. The trend direction at this time was clearly to the downside as the 10 SMA was decreasing in value downwards and the price was below it most of the time.
The price declined and hit the trigger level for placing a sell order at 1. Immediately after that, a stop loss of 15 pips was set above the entry point at the 1. Then a take profit of 30 pips was set at the 1. As soon as price touched the 1. Because of the strong momentum push, a few minutes later, the take profit was hit and the second lot of the position was closed at 1.
In less than an hour, the profit from this short trade was 15 pips from the first lot and 30 pips from the second. Once the autoinstaller has started, read and accept the agreement if you agree and follow the instructions on autoinstaller. Sunday, 18 December How to best Secret Profit Levels indicator trading strategies free download accurate indicator mt4.
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